UK investors based in Britain and overseas are still upbeat that there are plenty of opportunities available to them, regardless of the uncertain economic outlook across the world.
TD Direct Investing, one of the UK’s leading execution only brokers, found in its biggest ever survey of UK and expat investors that both groups are more than confident in their investment choice of equities, precious metals and commodities.
This was despite the fact that 57 per cent of the 2,000 investors surveyed in the poll expect the global economy to return to a state of recession sometime this year, while 45 per cent are of the opinion that the UK economy will deliver no growth at all during the last quarter of 2012.
“Recent economic turmoil in Greece, Italy, Spain and Ireland will no doubt have placed a heavy burden on both UK and expat investors, demonstrating that now more than ever it is important they have the opportunity to diversify across different asset classes and international markets where they can,” advised Annemarie Jung, chief executive of Internaxx Bank, a premium brokerage service for international investors.
The study also found that when it came to upcoming investments, professionals were looking to Asia, with 48 per cent positive that this region will be lucrative over the next 12 months, while 16 per cent considered the US to be conducive to good returns.
Cadogan Tate specialises in international shipping, helping British professionals transfer their possessions when moving overseas.